NEW YORK--(BUSINESS WIRE)--Datch, a leading provider of voice-first AI solutions for industrial operations, today announced the close of its $10M Series A funding round led by Blackhorn Ventures. The funding will be used to expand enterprise operations and develop software support, tools and capabilities that will enable increased access and integration with Datch’s platform.
“On top of the industry-wide post-COVID shift to digitization, we are going to see investments from the industrial sector further accelerate with the newly passed Bipartisan Infrastructure Law,” said Mark Fosdike, Datch CEO and Co-Founder. “And with an aging labor force coming into retirement faster than they’re being replaced, it’s imperative to get Datch into our customers’ hands faster, so they can vastly improve their operational efficiency through the use of a single voice-visual interface.”
Through the use of natural language processing, Datch digitizes, structures, and streamlines work management processes for deskless teams. Throughout their jobs, workers interact with Datch through voice and touch, and the Datch platform handles the rest, interfacing with their systems of record on their behalf.
Datch simplifies the complexities of modern systems and allows AI to report and structure on behalf of frontline teams, removing the burden they experience when interacting with multiple disparate systems. Teams that deploy Datch across their workflows will typically see 75-90% reduction in the time spent on their processes, while increasing data quality and volume by 2-4x.
"All of us at Blackhorn are thrilled about the opportunity to partner with Datch to leverage natural language processing technology to address the unmet need for much-needed organization and on-the-fly data collection for industrial workers everywhere,” said Melissa Cheong, Blackhorn Ventures Managing Partner. “Our team believes that through the use of AI, Datch’s product is able to palpably improve the lives of workers both on the front lines and in the back office.”
Blackhorn Ventures is known for investing in software companies redefining the industrial sector. The investment drives their Industry 4.0 mission of revolutionizing industrial operations, with Datch achieving this across the frontline digital stack.
ABOUT DATCH
Datch is a frontline AI interface for industrial operations. Through the use of voice and natural language processing, Datch digitizes, structures, and streamlines work management processes for deskless teams with its voice-visual interface. With offices in the US, UK and New Zealand, Datch has introduced its technology into a growing list of Fortune 500 companies and other industry-leading enterprises in the utilities, energy, manufacturing, mining, and aviation sectors. www.datch.io
ABOUT BLACKHORN VENTURES
Blackhorn Ventures, founded in 2017, is an investment management firm focused on supporting companies whose business success is fully aligned with generating positive societal outcomes, with the potential to drive deep, collinear social and environmental impact. https://blackhornvc.com/
